XE and INFQ face unfavorable environment, Steve Grasso notes

XE and INFQ face unfavorable environment, Steve Grasso notes
XE and INFQ under market pressure

Steve Grasso, director of institutional sales at Grasso Global, remarked that he still owns both XE and INFQ despite a market environment that has not been particularly favorable for either.

Grasso indicated ongoing holding of these positions and commented on the challenging conditions facing these assets.

Grasso has previously outlined the risk profiles of XE, OKLO, and NuScale SMR, noting XE’s distinctive volatility and technology edge for investors in a recent assessment. He also flagged a move above $175 in SPCX shares, which triggered an early unlock and upcoming index buying, according to a separate note. These earlier comments frame his current view on holding XE and INFQ through unfavorable conditions.

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